NOT LISTED FOR SALE
-- Bed
-- Bath
19,494 Sq Ft
1.45 Acres

Last Sold February 23, 2022

Last sale price $1,000,000 $51 Per Sq Ft

6 Days on Market

About This Home

As of February 2022

Investment Value-Add opportunity for an 18-unit (12 2-BR / 6 1-BR) apartment building in North Central Davenport. Property was renovated in 2019 including new exterior siding, decks, windows, doors, interior flooring, kitchens, and bathrooms. Currently has 4 units occupied with rents from $750-$850. Property will require approximately $200,000 of remaining improvements/repairs to be completed. Please call the listing agent for more information.

Last Agent to Sell the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 02/02/2022

NAI Ruhl Commercial Company

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000

Quad Cities Iowa Realty - Moline

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,132

Lot Details

  • 1.45

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$24,132

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Multi-Family
  • Lvt Date: 02/02/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 19494
  • Estimated Lot Sq Ft: 62980

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Sloped
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: City on Premises

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 1.45
  • Zoning: R-6M
  • Geo Subdivision: IA
  • Property Use: Other Property Use

Rental Info

  • Common Laundry: Yes
  • Owner Pays: N/A
  • Sale Lease Includes: Building
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 24132
  • Parcel Id Number Tax Id: P1413-A19
  • Tax Incentive: None
  • Tax Year: 2021

Multi Family

  • Total Number Units: 18

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2022 02/23/22 Sold $1,000,000 -14.2% $51 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,165,000 +91.9% $60 / Sq Ft
02/21/2019 02/21/19 Sold $607,000 -3.7% $31 / Sq Ft View Prior Sale
11/05/2018 11/05/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $630,000 -- $32 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4230056

RMLS Alliance